Australia’s tax relief rules are outdated. Here are three key points for reform.
Once paid, tax becomes the property of the government. Pretending otherwise undermines the basic principles of the social contract.
In the Howard government, there was near-consensus in Cabinet that an ETS was eventually likely. A spike in asylum-seeker arrivals stimulated the hard “deterrent’ strategy” that would morph into the “Pacific Solution” in 2001.
Tasmania gets more of its revenue from “bad taxes” than any state or territory other than Victoria, and less from “good taxes” than anywhere other than Queensland.
Finance Minister and Labour finance spokesperson Grant Robertson: higher tax revenue will be spent on economic recovery.
Both major parties refuse to grasp the nettle of New Zealand’s narrow and inherently unfair tax base.
Going GST-free for six months would cost the budget $35 billion. Very little of it would be wasted.
Boosting the GST and swapping land tax for stamp duty get headlines, but they never seem to happen.
two leading economists on Australia’s post-COVID economy.
Michelle Grattan discusses the economic future of Australia post-COVID with economists Richard Holden and Warwick McKibbin
We are failing to collect and giving away in tax concessions hundreds of billions.
John Howard called an election a fortnight after announcing the GST on August 13 1998, which he only narrowly won.
National Archives of Australia
The introduction of the GST got off to a wobbly start, but has since become accepted as the Australian way of paying for things.
Coalition leader John Hewson had trouble selling his economic policy platform to the electorate.
NATIONAL ARCHIVES OF AUSTRALIA
All the polls suggested the Keating government would be finished at the 1993 election – until Opposition Leader John Hewson launched a 650-page policy document called “Fightback!”.
Forget the low hanging fruit, for the Coalition tax reform might have well been forbidden fruit from the Garden of Eden.
Six years of Coalition government has had little impact on the tax system. It’s not clear whether a Labor government would be any different.
Michelle Grattan speaks with Deep Saini about the week in Australian politics.
Whether Morrison would be at his strongest in March or May is a moot point.
The Morrison and Berejiklian governments might be of the same stripe but, with both facing elections in the first half of 2019, their interests rub up against each other uncomfortably.
Federal Treasurer Josh Frydenberg said the legislation would be introduced in the next parliamentary sitting week.
NSW Liberal Treasurer Dominic Perrottet said after the meeting that “all states and territories put forward the strong view” the bill must include this.
The Labor party has announced roundtables in cities and towns that haven’t been visited by the banking royal commission.
Shorten’s extra royal commission hearings and legislating the GST carve-up.
The Senate defeat ends months of wrangling by Senate leader Mathias Cormann to get the tax measure through.
As speculation mounts there will be another leadership challenge sooner rather than later, the government has finally lost its bid to award tax cuts to big companies.
Treasurer Scott Morrison has revealed changes to how GST revenue will be allocated to states.
The unknown loser is who pays for the additional Commonwealth funding.
Michelle Grattan speaks with Mark Evans about the week in Australian politics.
Treasurer Scott Morrison says the present system is out of kilter and needs reform.
To make a concession to the coal lobby would flout the technology-neutral foundation of the NEG and have much more serious implications than throwing in some money to boost the GST pool.